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Property profile & analytics

820 Pennsylvania Ave Mason City, IA 50401-5828

  • Warehouses
  • 14,268 SF
  • 1.11 lot acres
OFF-MARKET
Last Sale
Oct 01, 2024
Value Estimations
$565,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US25-0560184
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • River City Communications Inc / Telecommunications Service / General Contractor

Property Details for 820 Pennsylvania Ave

Year built
1976
Lot size
1.11 lot acres
Property size
14,268 SF
Property type
Warehouses
APN
71035600900
APU
71035600900

Description

This exceptional 14,268-square-foot industrial warehouse, located at 820 S Pennsylvania Ave in Mason City, Iowa (zip code 50401), presents a compelling owner-user opportunity. The property boasts a spacious 12,000-square-foot warehouse area complemented by a 2,268-square-foot office space. The warehouse features two 16' x 16' drive-through doors, one on the east and one on the west side, allowing for efficient truck traffic flow. Two additional dock doors further enhance loading and unloading capabilities. The well-maintained warehouse is equipped with a heating system and a sprinkler system, ensuring both comfort and safety. The office area is in good condition and includes three bathrooms, a conference room, a reception area, and multiple private offices, providing ample space for administrative functions. This versatile property is ideally suited for businesses seeking a combination of warehouse and office space in a convenient location within Cerro Gordo County. The asking price for this turnkey operation is $749,900. This is a rare opportunity to acquire a functional and well-equipped industrial property in a desirable location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $360,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $631,000
    Market price range: $361k - $1.49M
    AI Estimate
    $696,000
    Market price range: $448k - $1.45M
  • Alternative Use

    Use
    Estimation
    WAREHOUSE, STORAGE
    $830,000
    Current use
    RETAIL STORES
    $930,000
    Change: +12% Conversion: Moderate
    OFFICE BUILDING
    $915,000
    Change: +11% Conversion: Difficult

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Mason City
County
Cerro Gordo
State
Iowa
Longitude
-93.1991
Latitude
43.1429
CBSA code
32380
CBSA name
MASON CITY, IA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$10,776
$68,650
$361,360
$430,010
-
$68,650
$361,360
$430,010
More about this property
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